MS SB2994

Authorizes the City of Byram, Mississippi governing authorities to impose a "tourism tax" on hotel and motel room rentals at a rate not to exceed 2% of gross proceeds, excluding telephone, laundry, and similar service charges.

Tax proceeds, minus 3% retained by the Department of Revenue for collection costs, must be dedicated solely to promoting tourism, parks, and recreation in the city and cannot be used as general fund revenue.

Requires the governing authorities to adopt a resolution and hold an election where at least 60% of qualified city electors voting must approve the tax, with notice published weekly for three consecutive weeks before the election.

Mandates separate accounting and annual independent audits of tax receipts and expenditures, with audit reports filed with the city clerk and included in the city's General Purpose Statement.

Sunsets and is repealed effective July 1, 2017.